Trucking company accuses insurance provider of forcing retrenchments and halting operations

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Business Notícia

Trucking Company,Insurance Provider,Retrenchments

A small trucking company from Centurion, Gauteng, has accused its insurance provider of forcing it to retrench staff and halt operations after two insurance claims were rejected and its policy cancelled. The company is now seeking compensation and restoration of its business operations.

A small trucking company from Centurion, Gauteng, has slammed its insurance provider for "forcing" it to retrench staff and halt operations after two insurance claims were rejected and its policy cancelled. While the decision not to pay out the claims was reversed 10 months later, banks had by this time repossessed two of the company's trucks and its business operations had ground to a halt.

Now Czar Freight Lines wants Guardrisk, a subsidiary of Momentum Metropolitan, to "restore the business to the position it was" before the claims were rejected

 

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